Guitar Hero Exec Bails After Mediocre Sales
With waning sales and market oversaturation, the Guitar Hero division's chief executive is leaving Activision as it tries to steer the franchise back on course.
The Guitar Hero franchise at one point stood for an innovative revolution in rhythm gaming. With the advent of Rock Band, as well as growing economic issues, the franchise began to see a drop in profit. Dan Rosensweig joined Activision in March in order to give the franchise a boost, and oversaw the biggest release of Guitar Hero games to date.
Under Rosensweig's tenure, Activision released four games: Rock Band Beatles [http://www.amazon.com/Guitar-Stand-Alone-Software-Nintendo-Wii/dp/B0028ZH7GU/ref=sr_1_1?s=videogames&ie=UTF8&qid=1280161709&sr=1-1]).
Instead of replacing Rosensweig, Chief Operating Officer David Haddad will instead be taking the reins of the franchise, reporting directly to Activision CEO and President Mike Griffith. Griffith issued a statement saying Haddad "...is the right leader to drive our agenda to improve profitability."
As for Rosensweig, he's headed to Chegg, a textbook rental firm where he will serve as chief executive.
With the new leadership, the Guitar Hero franchise is changing its approach to how it handles releases. Before his departure, Rosensweig stated they would be shifting focus to some of the better selling products. This is confirmed with the new leadership, Activision has stated it will focus less on new Guitar Hero titles and more on digital distribution.
While Guitar Hero may be on the ropes, it's far from out of the match. Activision hopes to revitalize the franchise by cutting down on the actual product releases. If that means they're not trying to sell us a new, expensive peripheral set with every new Guitar Hero installment, it just might work.
Source: LA Times [http://latimesblogs.latimes.com/entertainmentnewsbuzz/2010/02/activisions-guitar-hero-chief-exits-after-less-than-a-year.html]
Permalink
With waning sales and market oversaturation, the Guitar Hero division's chief executive is leaving Activision as it tries to steer the franchise back on course.
The Guitar Hero franchise at one point stood for an innovative revolution in rhythm gaming. With the advent of Rock Band, as well as growing economic issues, the franchise began to see a drop in profit. Dan Rosensweig joined Activision in March in order to give the franchise a boost, and oversaw the biggest release of Guitar Hero games to date.
Under Rosensweig's tenure, Activision released four games: Rock Band Beatles [http://www.amazon.com/Guitar-Stand-Alone-Software-Nintendo-Wii/dp/B0028ZH7GU/ref=sr_1_1?s=videogames&ie=UTF8&qid=1280161709&sr=1-1]).
Instead of replacing Rosensweig, Chief Operating Officer David Haddad will instead be taking the reins of the franchise, reporting directly to Activision CEO and President Mike Griffith. Griffith issued a statement saying Haddad "...is the right leader to drive our agenda to improve profitability."
As for Rosensweig, he's headed to Chegg, a textbook rental firm where he will serve as chief executive.
With the new leadership, the Guitar Hero franchise is changing its approach to how it handles releases. Before his departure, Rosensweig stated they would be shifting focus to some of the better selling products. This is confirmed with the new leadership, Activision has stated it will focus less on new Guitar Hero titles and more on digital distribution.
While Guitar Hero may be on the ropes, it's far from out of the match. Activision hopes to revitalize the franchise by cutting down on the actual product releases. If that means they're not trying to sell us a new, expensive peripheral set with every new Guitar Hero installment, it just might work.
Source: LA Times [http://latimesblogs.latimes.com/entertainmentnewsbuzz/2010/02/activisions-guitar-hero-chief-exits-after-less-than-a-year.html]
Permalink